The sale of UK luxury desserts maker Gü is expected to be finalised by the end of the year, the lead adviser handling the deal has told just-food.

Fyffes has been named as a possible beneficiary of the EU deal on banana tariffs although industry experts have argued that it remains to be seen what impact the deal will have on the Ireland-based fruit giant.

Struggling French food co-op Unicopa is to be broken up after an agreement was struck with its banks and financial backers.

Bahlsen, the German biscuit and snack maker, is to reorganise its own-label operations and set up a centralised unit, Bisquiva.

Finsbury Food Group, the UK cake supplier, could axe 95 jobs at its Memory Lane Cakes business due to falling sales for premium products.

Pressure is mounting for the UK government to step in and block Kraft Foods' proposed takeover of UK confectioner Cadbury.

A mounting supply deficit and concerns about this year's harvest have pushed cocoa prices to new highs, fuelling fears over mid- to long-term availability.

EU dairy prices have recovered healthily since June and are crawling back towards 2008 levels, according to the latest data.

Anglo-Dutch consumer giant Unilever has confirmed the appointment of Jean-Marc Huet as chief financial officer.

US consumer groups have again put the marketing of unhealthy foods to children in the spotlight and raised questions over the rigour of industry self-regulation.

Italian police have reportedly raided the offices of a number of the county's leading pasta makers in connection with allegations of price fixing.

Grupo Pao de Acucar, Brazil's largest retailer, has named executive vice president Eneas Pestana as chief operating officer.

Kraft Foods has appointed former Ogilvy & Mather Daryl Fielding advertising executive to become vice president of marketing in Europe.

Lotte Hong Kong has formally obtained written clearance from China's anti-monopoly body to proceed with its acquisition of Chinese supermarket group Times.

Shares in Danish ingredients giant Danisco fell today (16 December) after the company cut its annual sales target on the back of "modest" revenue growth.

Unilever has received an advertising boost in the UK after regulators ruled a Flora heart-health ad was not misleading.

Nestle Prepared Foods Co. has announced plans to convert the plastic trays used to package its Stouffer's family and large-sized ready meals to paperboard packaging.

Indian group Godrej Consumer Products (GCPL) has confirmed that it is looking to raise capital in order to fund expansion, including acquisitions.

The banana trade dispute between the EU, parts of Latin America and US fruit companies has officially come to an end this afternoon (15 December) after a final agreement was published in Geneva.

Cadbury this afternoon (15 December) attacked predator Kraft Foods after the US food giant claimed the Dairy Milk maker was opening its shareholders to "significant risk".